Design Management Institute Inc
EIN: 42761924 · Boston, MA · NTEE: A03
| Metric | Value |
|---|---|
| Total Revenue | $426K |
| Total Expenses | $473K |
| Net Assets | $-148,705 |
Is Design Management Institute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Design Management Institute Inc
Design Management Institute Inc (EIN: 42761924) is a nonprofit organization based in Boston, MA, classified under NTEE code A03. The organization reported total revenue of $426K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Design Management Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Design Management Institute Inc is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $322K |
| Total Expenses | $473K |
| Surplus / Deficit | $-151,039 |
| Total Assets | $63K |
| Total Liabilities | $212K |
| Net Assets | $-148,705 |
| Operating Margin | -46.9% |
| Debt-to-Asset Ratio | 334.9% |
| Months of Reserves | 1.6 months |
Financial Health Grade: D
In 2023, Design Management Institute Inc reported a deficit of $151K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 334.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Design Management Institute Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.9% | -19.1% | -70.2% |
| 2022 | -11.8% | +21.5% | -27.7% |
| 2021 | +44.9% | -5.6% | -3.0% |
| 2020 | -40.1% | -32.0% | +15.9% |
| 2019 | -12.9% | -21.0% | +15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Design Management Institute Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Design Management Institute Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $151K, with expenses exceeding revenue.
- Debt-to-asset ratio: 334.9%.
Frequently Asked Questions about Design Management Institute Inc
Is Design Management Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Design Management Institute Inc (EIN: 42761924) insufficient data. 0 red flags identified, 0 strengths noted.
How does Design Management Institute Inc spend its money?
Detailed spending breakdown data is not yet available for Design Management Institute Inc. Check back for updated IRS 990 analysis.
Are donations to Design Management Institute Inc tax-deductible?
Design Management Institute Inc is registered as a tax-exempt nonprofit (EIN: 42761924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Design Management Institute Inc located?
Design Management Institute Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 42761924. It is classified under NTEE code A03.
How many years of IRS 990 filings does Design Management Institute Inc have?
Design Management Institute Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $426K in total revenue.
Filing History
IRS 990 filing history for Design Management Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Design Management Institute Inc's revenue has declined by 78%, moving from $1.5M to $322K. Total assets decreased by 77.6% over the same period, from $282K to $63K. Total functional expenses fell by 67.2%, from $1.4M to $473K. In its most recent filing year (2023), Design Management Institute Inc reported a deficit of $151K, with expenses exceeding revenue. The organization holds $212K in liabilities against $63K in assets (debt-to-asset ratio: 334.9%), resulting in net assets of $-148,705.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $322K | $473K | $63K | $212K | — | — |
| 2022 | $545K | $585K | $212K | $210K | — | — |
| 2021 | $618K | $481K | $294K | $252K | — | View 990 |
| 2020 | $427K | $510K | $303K | $398K | — | — |
| 2019 | $713K | $750K | $261K | $273K | — | View 990 |
| 2018 | $818K | $949K | $225K | $200K | — | View 990 |
| 2017 | $922K | $895K | $291K | $135K | — | View 990 |
| 2016 | $1.0M | $954K | $282K | $154K | — | View 990 |
| 2015 | $807K | $1.1M | $192K | $174K | — | View 990 |
| 2014 | $987K | $1.1M | $296K | $16K | — | View 990 |
| 2013 | $1.2M | $1.2M | $406K | $42K | — | View 990 |
| 2012 | $1.4M | $1.2M | $461K | $58K | — | View 990 |
| 2011 | $1.5M | $1.4M | $282K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $322K, expenses of $473K, and assets of $63K (revenue -40.9% year-over-year).
- 2022: Revenue of $545K, expenses of $585K, and assets of $212K (revenue -11.8% year-over-year).
- 2021: Revenue of $618K, expenses of $481K, and assets of $294K (revenue +44.9% year-over-year).
- 2020: Revenue of $427K, expenses of $510K, and assets of $303K (revenue -40.1% year-over-year).
- 2019: Revenue of $713K, expenses of $750K, and assets of $261K (revenue -12.9% year-over-year).
- 2018: Revenue of $818K, expenses of $949K, and assets of $225K (revenue -11.3% year-over-year).
- 2017: Revenue of $922K, expenses of $895K, and assets of $291K (revenue -10.3% year-over-year).
- 2016: Revenue of $1.0M, expenses of $954K, and assets of $282K (revenue +27.4% year-over-year).
- 2015: Revenue of $807K, expenses of $1.1M, and assets of $192K (revenue -18.3% year-over-year).
- 2014: Revenue of $987K, expenses of $1.1M, and assets of $296K (revenue -18.2% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $406K (revenue -10.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.2M, and assets of $461K (revenue -7.8% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.4M, and assets of $282K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Design Management Institute Inc:
Data Sources and Methodology
This transparency report for Design Management Institute Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.